Marquee Funding Group is proud to announce the successful funding of a $9,500,000 private money loan in Miami, Florida. This major transaction demonstrates Marquee’s continued ability to deliver large-scale financing solutions for complex projects, particularly in the multi-family and construction sectors where traditional lenders often struggle to provide timely and flexible capital.
The loan was secured in a 1st position trust deed with a 58.93% loan-to-value (LTV) ratio, offering significant equity protection and reduced risk exposure for investors. Carrying an interest rate of 10.75%, this structure balances competitive investor returns with the borrower’s construction financing needs.
The project is a 12-unit multi-family property currently mid-construction, with funds earmarked specifically to complete the build. By stepping in at a critical stage, Marquee provided the borrower with the liquidity needed to finish the project and bring additional housing supply to one of the nation’s fastest-growing rental markets.
Conventional financing often creates roadblocks for borrowers mid-construction, leaving projects stalled or delayed. With private money lending, Marquee Funding Group is able to step in quickly, offering the speed, flexibility, and creativity that complex real estate projects demand.
This transaction was originated by Jackie Astman, whose expertise in structuring large multi-family and construction loans ensured a seamless execution. Her ability to align borrower objectives with investor protections underscores Marquee’s reputation as a leader in private lending nationwide.
See how we can help with your next real estate investment opportunity. Our experienced team is ready to provide competitive rates and fast approvals.
